Applying cash using speed entry
- Sign in as Receivables Specialist or Receivables Manager.
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For Receivables Specialist, select Cash Application > Select Invoices And Apply Cash.
For Receivables Manager, select Processing > Cash Application > Select Invoices And Apply Cash.
- Open a payment record.
- On the Speed Entry Preview tab, click Create Via Speed Entry.
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Specify this information:
- Invoice Type
- Select whether the invoice type is Credit Memo, Debit Memo, or Invoice.
- Invoice
- Specify the invoice for the transaction to which the payment will be applied.
- Company
- Select a company number.
- Payment Application Amount
- Optionally, specify a payment application amount if the amount is less than the open amount of the invoice.
- Adjustment Reason
- Optionally, select an adjustment reason for the highlighted application on the Adjustments tab.
- Adjustment Amount
- Optionally, specify an adjustment amount.
- Click Save.
- On the Adjustments tab, click Invoice Adjustment and specify the information.